Philippe Bouaziz's other businesses: Prodware and Sarona

analysisFrance's company register lists Philippe Bouaziz as chairman of the board of PRODWARE SA (SIREN 352335962), and Deel's leadership page says he founded the Euronext-listed Prodware Group, completed more than 45 acquisitions there and remains its chairman. A news outlet reported in July 2026 that Prodware had traded in Paris at a market value of about $250 million and that he bought it back at the beginning of 2026 through a holding company he owns, which the report does not name. ^{1 2 3}

analysisThe same register lists BOUAZIZ PARTNERS, a simplified joint-stock company (SIREN 519659387) trading as Prodware Consulting in management consultancy at 45 quai de la Seine in Paris, the address of Prodware, with Philippe Bouaziz as president. Rippling's complaint names a "Bouaziz & Partners" as a Deel consultant and whistleblowing contact; that this is the French company rests on the shared name and president, and no document in the record ties the French company to Deel. ¹

analysisA technology news outlet reported in June 2022 that Sarona Ventures was founded in 2017 as an arm of the Sarona Partners Group by Philippe Bouaziz, its chairman, and Toot Shani, its chief executive, on the basis of the Bouaziz family office, and that the group had invested in more than 300 start-ups; Deel's leadership page describes Philippe Bouaziz as chairman of Sarona Partners. Sarona Ventures' own website describes a Tel Aviv venture firm founded in 2019, giving a different year from a technology news outlet, that grew out of the technology investment arm of the Bouaziz Single Family Office and invests its own capital alongside its limited partners; it lists Philippe Bouaziz, David Debash and Toot Shani as partners and Alex Bouaziz as a venture partner. ^{1 2 3}

analysisA start-up database gives Sarona Ventures' legal name as Sarona Innovation ltd, not confirmed by an Israeli registry record in the retained material, and lists Alex Bouaziz, David Debash, Morris Levy, Philippe Bouaziz and Toot Shani as founders, with Philippe Bouaziz on the board since July 2017. A business news outlet reported in October 2025 that the fund is owned by Philippe Bouaziz and that Alex Bouaziz was a partner in setting it up; no registry record of its ownership is retained. ^{4 5}

analysisSarona Ventures' website lists Deel as an active holding among investments that span family-office vehicles and the fund's direct investments, without saying which vehicle holds the Deel interest or how large it is. The same list marks Hofy as realised and acquired by Deel, and the air-purification company Aeris as acquired by iRobot; it gives no price, stake or date for either exit, and the retained record contains no Deel disclosure of the Hofy purchase terms. A technology news outlet reported in June 2022 that the backers of a new Sarona Ventures fund included co-founders of Deel and other unicorns, people from Spark Capital, and Anish Acharya, the Andreessen Horowitz general partner who led the firm's investments in Deel and invested personally. ^{1 2}